Form Fmc-132a To Subpart A Of Part 540 Passenger Vessel Surety Bond (Performance) printable pdf download

FORM FMC–132A TO SUBPART A OF PART 540

FORM FMC–132A

FEDERAL MARITIME COMMISSION

Passenger Vessel Surety Bond (Performance)

Surety Co. Bond No. __________

FMC Certificate No. ___________

Know all men by these presents, that we ___________________ (Name of applicant),

of ______________ (City), _______________ (State and country), as Principal

(hereinafter called Principal), and _____________ (Name of surety), a company created

and existing under the laws of __________ (State and country) and authorized to do

business in the United States as Surety (hereinafter called Surety) are held and firmly

bound unto the United States of America in the penal sum of _____________, for which

payment, well and truly to be made, we bind ourselves and our heirs, executors,

administrators, successors, and assigns, jointly and severally, firmly by these presents.

Whereas the Principal intends to become a holder of a Certificate (Performance)

pursuant to the provisions of subpart A of part 540 of title 46, Code of Federal

Regulations and has elected to file with the Federal Maritime Commission such a bond

to insure financial responsibility and the supplying transportation and other services

subject to subpart A of part 540 of title 46, Code of Federal Regulations, in accordance

with the ticket contract between the Principal and the passenger, and

Whereas this bond is written to assure compliance by the Principal as an authorized

holder of a Certificate (Performance) pursuant to subpart A of part 540 of title 46, Code

of Federal Regulations, and shall inure to the benefit of any and all passengers to whom

the Principal may be held legally liable for any of the damages herein described. Now,

therefore, the condition of this obligation is such that if the Principal shall pay or cause

to be paid to passengers any sum or sums for which the Principal may be held legally

liable by reason of the Principal's failure faithfully to provide such transportation and

other accommodations and services in accordance with the ticket contract made by the

Principal and the passenger while this bond is in effect for the supplying of

transportation and other services pursuant to and in accordance with the provisions of

subpart A of part 540 of title 46, Code of Federal Regulations, then this obligation shall

be void, otherwise, to remain in full force and effect.

The liability of the Surety with respect to any passenger shall not exceed the passage

price paid by or on behalf of such passenger. The liability of the Surety shall not be

discharged by any payment or succession of payments hereunder, unless and until

such payment or payments shall amount in the aggregate to the penalty of the bond, but

in no event shall the Surety's obligation hereunder exceed the amount of said penalty.

The Surety agrees to furnish written notice to the Federal Maritime Commission

forthwith of all suits filed, judgments rendered, and payments made by said Surety

under this bond.

Form Fmc-132a To Subpart A Of Part 540 Passenger Vessel Surety Bond (Performance)